Netflix has reported a significant slowdown in subscriber growth, plummeting its shares, as its pandemic boom came an abrupt end. Some 3.98 million people signed up for Netflix in Q1 2021, well short of the projected 6 million. In response to the news, Netflix shares fell 11 per cent in after-hours trading to $489.28, wiping […]
Netflix has announced Wings of Fire, an animated family series based on the best-selling series of books – by Tui Sutherland and published by Scholastic – that have sold over 14 million copies. The fantasy saga marks the first animated series from Academy Award Nominee and Emmy Award Winner Ava DuVernay (The White Tiger, A […]
Ampere Analysis expects Netflix to report its lowest number of new subscribers in the first quarter for four years later this week, perhaps signalling the end of the Covid-19 home entertainment boom. The first quarter is traditionally the strongest for new Netflix sign-ups, with viewers in key markets (ie North America and Europe) spending more […]
Netflix has announced that is will be opening new offices in Bogotá, Colombia later this year. In a blog post, Francisco Ramos VP of Latin American Content, wrote: “Ten years ago Colombia opened its doors to Netflix, a new way to enjoy the best series and movies directly in their homes. A few years later […]
Western Europe will have 234 million SVoD subscriptions by 2026, up from 137 million at end-2020, according to the Western Europe OTT TV & Video Forecasts report from analyst firm Digital TV Research. Despite losing market share, Netflix will remain the largest SVoD platform. Netflix will have 74 million paying subscribers by 2026 – up […]
Netflix has announced that its global hit series Bridgerton has been renewed for Seasons 3 and 4. From Shondaland and executive producers Shonda Rhimes, Betsy Beers, and Chris Van Dusen, Bridgerton is set in the competitive world of Regency London high society. From the glittering ballrooms of Mayfair to the aristocratic palaces of Park Lane […]
A report from Ampere Analysis shows the rapid rise of SVoD services in the US. There are now more subscriptions to services including Netflix, Amazon Prime, Hulu, HBO Max and Disney+ than there are people in the US. The pandemic and stay-at-home measures, the launch of new studio-backed subscription services, and
Netflix and Sony Pictures Entertainment (SPE) have agreed a multiyear, exclusive first pay window licensing deal in the US for theatrically released SPE feature films, beginning with their 2022 film slate. This new agreement builds upon Netflix’s pre-existing output deal with Sony Pictures Animation films to now include all SPE film labels and genres. Under […]
Archewell Productions, in partnership with The Invictus Games Foundation, has announced its first Netflix series. Heart of Invictus, from the Oscar-winning team of director Orlando von Einsiedel and producer Joanna Natasegara (The White Helmets, Virunga, Evelyn), will follow a group of competitors from around the globe, all service members who have suffered life-changing injuries or […]
Eastern Europe’s SVoD sector is finally taking off, prompted mainly by launches by global platforms such as Disney+ and HBO Max, according to the Eastern Europe OTT TV & Video Forecasts report from analyst firm Digital TV Research, who forecast 40 million SVoD subscriptions by 2026; up from 15 million at end-2020. From the 25 […]